Top 6 cloud based accounting software for small business

To run the business in faster level and make your work easier for you there are many accounting software available in the market at the moment. With so much option in front of you and when there is so much every software is offering to your business.

First of all the thing that one should be aware of while purchasing a software is that it should be an online or also known as cloud based software. A cloud based accounting software provides many facilities and benefits that an offline software lacks in.

With cloud accounting software you have no risk of losing your accounts to system crash or any mishaps and you can comfortably access your accounts from anywhere.

Secondly, you need to ask yourself why do you need an accounting software and in what ways it will improve your business. Learn about different software and their features, take up free trails and talk directly to the vendor for details before you shortlist any.

Here are the top 6 cloud based accounting software for small business that will give you an idea about which software are taking the market by storm and why they will be beneficial for your business:

Freshbooks

It is a simple cloud based accounting software. This software is designed to help small business manage the accounts and other departments that helps in management. It allows you to access your accounts from everywhere. It is simple to use as the guide is provided step by step. Freshbooks is available for free trial for 30 days.

Its features include:

Creating professional invoices just in seconds

Captures all the expenses easily

Allows you to track time

Gets you paid faster and accepts all credit cards

You can check your financial status easily

Your entire business remains under your control

Quickbooks

This software is one of the best software for small business. It is a worth buying software and has a lot of versions to select from. It allows you to see the unpaid bills and sends you reminders which saves you from missing out on bills.

Features of Quickbooks are:

Lets you see who owes you money with reminders

Take glance of your financial status instantly

Have a look at your balance sheet, P&L and tax details

The monitor key trends in your business that includes cash flow and revenues

Raise estimates and prepare invoices with ease

Online banking integration

Allows multi user

Tracks sales and expenses

Kashoo

This software is also a simple accounting software that helps you access your accounts from ipad or any web browser. However, the users are limited to 20 transactions per month. It keeps your bookkeeping organized so you don’t need to have a bookkeeping itself. You accounts are systematically stored and there are no extra apps that will make it messy for you.

Some of its features are:

Invoices and AR

Quick entry

Bank import

Cash flow

Tax reporting

Bank level security

Managed backups

Mobile app, etc

Outright

It is mainly used for keeping track of expenses and finance. You can view profit and loss and link your existing accounts like bank, paypal, credit cards, etc. Outright organizes all the data into IRS approved tax categories and lowers your workload as a result.

Its features include:

Taxes

Bookkeeping

Profit and loss

Customer reviews

Customer stories

Online and in person events

Xero

It allows you to check cashflow in real time. Xero helps in collaborating online so the small business employees can work together. It also helps in making online invoices so you can reach out to your clients online.

Features of Xero are:

Easy invoicing

Multi currency

Inventory

Go mobile

500+ third party apps

Attach files to data

Create purchase orders

Claim those expenses

Pay bills

Reach accountant

Reach accountant is an online accounting software. It is user friendly and gives bank level security to your accounts. Its dashboard allows you to see the best sales executive, highest value customer, highest selling product, work progress, profitability and expenses graphically.

Reach has 20 templates for invoices and you can create your own professional invoice using this feature. It also allows you to access your accounts from anywhere but accessibility limitations can be set for your safety.

Features of Reach accounting software are:

Dashboard

Billing

CRM

Repair

Accounting

Purchase and expenses

API

For queries and more information click here. For 15 days free trial of Reach accounting software click on >> Demo

[…] you own a retail store and are planning to get a software that can manage your business accounts and help you work efficiently. Here are certain software that are trending currently and are one of […]